$12.31
BMG BullionFund provides investors with a convenient way of holding physical gold, silver and platinum in bullion form.
BMG BullionFund has a fixed investment mandate to purchase equal dollar amounts of each metal and to hold minimum of 95 percent of its assets in bullion. No derivatives, futures contracts, options or certificates are used, and BMG BullionFund does not rebalance its holdings or attempt to time the market.
As a result, BMG BullionFund's assets are not dependent on anyone's promise, representation or ability to perform. BMG BullionFund's assets are not someone else's liability.
BMG BullionFund is an open-end mutual fund trust that purchases unencumbered gold, silver and platinum bullion and stores it on an allocated and insured basis. BMG BullionFund’s objective is to provide a secure, convenient, low-cost, method for investors to hold gold, silver and platinum bullion as part of their portfolio for capital preservation, capital appreciation, portfolio diversification and portfolio hedging purposes against the volatility of other investments.
No derivatives, futures contracts, options or certificates are used. The maximum cash component is five percent. The fund invests in a responsible manner and adheres to the "criteria for responsible investing."
This risk rating of the Fund is in accordance with a standard risk classification methodology based on how the fund's returns have changed from year to year as a stand-alone investment.
Bullion is bought directly from or sold directly into the global bullion markets. Purchases or redemptions of any size can be accommodated without affecting Net Asset Value. As a result the Fund has the same liquidity as gold, silver and platinum bullion itself. In contrast, the liquidity of closed-end funds and ETFs are dependent on the number of shares that are traded.
BMG BullionFund owns the bullion outright, with no dependency on third parties and no possibility of third-party claims.
BMG BullionFund has a fixed investment policy that cannot be varied without unitholder approval. Risk is avoided since the Fund does not hedge, market time, leverage or rebalance holdings. As a result, performance tracks the price of bullion and not the trading skills of a portfolio manager.
No sales tax or withholding tax is applicable on bullion in Canada. All tax consequences on redemptions flow through to the redeeming unitholder. The BMG BullionFund is approved for all Canadian registered plans, including RRSPs, RRIFs & TFSAs.
A Fund Facts Document is a summary disclosure document required to be filed by all mutual funds in addition to other regulatory disclosure documents such as the Simplified Prospectus. The Fund Facts documents highlight key information about each available series of a fund, including the performance history, investments and the costs associated with investing in mutual funds.
Investment Portfolio
Net Assets as at June 30, 2015
BMG BullionFund is available to Canadian residents, and is available in all ten Canadian provinces, Nunavut and the Territories. In certain circumstances, BMG BullionFund is available to residents of other countries. Non-Canadian residents should contact their Investment Advisor for further information.
If your financial advisor is not registered to sell BMG BullionFund, please have them contact Client Services toll-free at1.866. 241.6484 with their dealer rep code.
Investors purchase BMG BullionFund units through their broker, mutual fund dealer or bank.
Financial advisor orders are processed through FundSERV for units of BMG BullionFund.
